LD.Logarithm of GDP

−0.0201

(0.0153)

L2D.Logarithm of GDP

−0.0121

(0.0148)

D.Population growth

−0.128

(0.154)

D.Logarithm of domestic credit

0.0398**

(0.0186)

LD.Logarithm of domestic credit

−0.0262

(0.0194)

L2D.Logarithm of domestic credit

−0.00665

(0.0193)

L3D.Logarithm of domestic credit

−0.00288

(0.0169)

D.Logarithm of FDI

0.000778

(0.000648)

LD.Logarithm of FDI

7.13e−05

(0.000554)

L2D. Logarithm of FDI

0.000318

(0.000462)

L3D. Logarithm of FDI

0.000309

(0.000370)

Cons

0.864**

(0.398)

Sample: 2001q2 - 2018q4

Observations

57

57

57

R-squared

0.911

0.911

0.911